2 LIFE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
2 LIFE
Largest movements
- Cash -€56,689
down €56,689 (-38.0%), from €149,231 to €92,542
mainly Net result for the year (-€38,184) and Receivables within one year (-€21,161)
- Receivables within one year +€21,161
up €21,161 (+66,170%), from €32 to €21,193
of which Trade receivables: +€21,161
- Tangible fixed assets +€2,538
up €2,538 (+34.1%), from €7,446 to €9,984
of which Furniture and vehicles: +€3,991
- Profit (loss) carried forward -€37,871
down €37,871, from €0 to -€37,871
- Tax, wage and social debts +€3,603
up €3,603 (+39.8%), from €9,046 to €12,649
of which Remuneration and social security: +€3,230
- Gross operating margin -€51,458
down €51,458, from €18,581 to -€32,877
- Taxes -€4,394
down €4,394 (-88.1%), from €4,987 to €592
- Financial charges -€2,051
down €2,051 (-78.3%), from €2,619 to €568
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €184,460 | €151,323 | -€33,137 | -18.0% |
| Fixed assets | 21/28 | €7,446 | €9,984 | +€2,538 | +34.1% |
| Tangible fixed assets | 22/27 | €7,446 | €9,984 | +€2,538 | +34.1% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €4,027 | €2,900 | -€1,127 | -28.0% |
| Furniture and vehicles | 24 | €2,138 | €6,129 | +€3,991 | +187% |
| Other tangible fixed assets | 26 | €1,281 | €955 | -€326 | -25.5% |
| Current assets | 29/58 | €177,014 | €141,339 | -€35,675 | -20.2% |
| Amounts receivable within one year | 40/41 | €32 | €21,193 | +€21,161 | +66,170% |
| Trade receivables | 40 | €32 | €21,193 | +€21,161 | +66,170% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €149,231 | €92,542 | -€56,689 | -38.0% |
| Deferred charges and accrued income | 490/1 | €2,751 | €2,603 | -€147 | -5.4% |
| Total equity and liabilities | 10/49 | €184,460 | €151,323 | -€33,137 | -18.0% |
| Equity | 10/15 | €168,066 | €129,882 | -€38,184 | -22.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €149,466 | €149,153 | -€313 | -0.2% |
| Distributable reserves | 133 | €149,466 | €149,153 | -€313 | -0.2% |
| Profit (loss) carried forward | 14 | €0 | -€37,871 | -€37,871 | |
| Amounts payable | 17/49 | €16,394 | €21,441 | +€5,047 | +30.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €15,464 | €20,481 | +€5,017 | +32.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,311 | €2,166 | -€145 | -6.3% |
| Suppliers | 440/4 | €2,311 | €2,166 | -€145 | -6.3% |
| Taxes, remuneration and social security | 45 | €9,046 | €12,649 | +€3,603 | +39.8% |
| Taxes | 450/3 | €9,046 | €9,419 | +€373 | +4.1% |
| Remuneration and social security | 454/9 | - | €3,230 | +€3,230 | |
| Other amounts payable | 47/48 | €4,106 | €5,665 | +€1,559 | +38.0% |
| Accrued charges and deferred income | 492/3 | €930 | €960 | +€30 | +3.2% |
| Non-recurring operating income | 76A | €54,583 | €0 | -€54,583 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,623 | €2,817 | +€194 | +7.4% |
| Other operating charges | 640/8 | €1,410 | €1,330 | -€80 | -5.7% |
| Gross operating margin | 9900 | €18,581 | -€32,877 | -€51,458 | |
| Operating profit (loss) | 9901 | €14,548 | -€37,023 | -€51,571 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -92.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -92.0% |
| Financial charges | 65/66B | €2,619 | €568 | -€2,051 | -78.3% |
| Recurring financial charges | 65 | €2,619 | €568 | -€2,051 | -78.3% |
| Profit (loss) for the period before taxes | 9903 | €11,929 | -€37,592 | -€49,520 | |
| Income taxes | 67/77 | €4,987 | €592 | -€4,394 | -88.1% |
| Profit (loss) for the period | 9904 | €6,942 | -€38,184 | -€45,126 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,942 | -€38,184 | -€45,126 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.